# PPP loan: NEW ELECTRIC FRESNO LLC
> **$513K** approved 04/11/2020 · Paid in Full · Loan `2670247103`
## Borrower
- **Name:** NEW ELECTRIC FRESNO LLC
- **Address:** 2727 NORTH GROVE INDUSTRIAL DR  #131, FRESNO, CA, 93727-1508
- **NAICS:** 221112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $513K
- **Jobs reported:** 82
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*